27 billion euros under management at the end of September

At the end of September 2021, Eurazeo’s assets under management amounted to €27 billion, an increase of 44% over 12 months, and 24% since the end of 2020. Eurazeo manages capital on behalf of its investor partners for €19,2 billion, an increase of 44% over 12 months rolling, plus permanent capital of
Group (Net Assets Revalued or NAV) for €7.8 billion, up 44% in one year (+46% per share, including dividends), and +16% compared to the end of December 2020. As a reminder, according to our methodology, the Unlisted assets, which represent 100% of the assets on the group’s balance sheet, are not subject to quarterly revaluation.

Orazio’s cash position remains strong, with net cash at the end of October 2021 at €697 million. At the end of September, net cash settled at 199 million pounds. The Group has a currently undrawn confirmed joint credit line of €1.5 billion. On the same date, the group had €4.1 billion in dry powder form (undrawn commitments from partner investors). At the end of September 2021, the Group owned 2.4 million treasury shares or 3.1% of the total shares traded (79,224,529 shares).

The portfolio’s economic turnover increased by +23% during the first nine months of 2021 compared to the same period
2020 (+21% compared to 9 months 2019), excluding the Travel & Leisure sector showing “encouraging signs” of recovery, with a net asset value of €99 per share (not revalued in the third quarter).